Accounting Test Question No.3

In Tim’s book, the following June 2007 are recorded. You are required to extract a Trial Balance as at 30 June 2007.

June 2. Started business with $600 in the bank

3. Bought $500 goods on credit from Supplier A

4. Credit sales : X-$20

Y-$80

Z-$100

5. Cash Sales $250

6. Paid motor expenses $30 cash

7.Paid wages $150 cash

8.Credit sales: X-$80

U-$120

9.Bought $300 goods on credit from Supplier A

10.Cash sales $350

11.Paid Supplier A $400 cash

12.Customer X paid $100 cash

13. Paid motor expenses $30 cash

14.Paid wages $150 cash

15.Credit sales: X-$80

U-$120

16.Bought $300 goods on credit from Supplier A

17.Cash sales $350

18.Paid Supplier A $400 cash

19.Customer X paid $100 cash

27.Cash sales $350

30.Paid Supplier A $400 cash

Answer : Trial Balance = $8,201

Related posts:

  1. Accounting Test Question No.2 On Trial Balance
  2. Accounting Test Question No.1 On Trial Balance
  3. Accounting Test Question No 1 on Adjusted Trial Balance
  4. Accounting Test Question No 2 On Adjusted Trial Balance
  5. Trial Balance

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